| Minister hints Rahul Gandhi could be India's next PM (Reuters) Posted: 09 Jan 2009 03:07 AM CST  Reuters - Rahul Gandhi, the young son of the chief of the ruling Congress party, could be the next prime minister if the party retains power in elections this year, local media on Friday quoted a senior government minister as saying.
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| Fuel strike cripples as pumps go dry (Reuters) Posted: 09 Jan 2009 03:24 AM CST  Reuters - Long queues at petrol pumps jammed rush-hour traffic in major cities and flights were delayed as a strike by state-run oil employees demanding higher pay began to bite on Friday.
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| Oil strike sparks interest in carpooling (Reuters) Posted: 09 Jan 2009 03:19 AM CST  Reuters - It took a strike at the state run-oil firms, and the queues of vehicles that snake out of petrol pumps almost run dry, to ignite an interest in carpooling in a nation where gridlocked roads are part of the daily grind.
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| Inflation slides again in slowing economy (Reuters) Posted: 09 Jan 2009 03:11 AM CST  Reuters - Inflation fell more than expected to a 10-month low in late December and is seen heading sharply lower on the back of an expected fuel price cut, giving authorities greater freedom to prop up stumbling growth.
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| Police kill 15 Maoists, search for more (Reuters) Posted: 09 Jan 2009 03:53 AM CST Reuters - Police scoured the jungles of Chhattisgarh looking for wounded Maoist rebels on Friday, a day after 15 rebels were killed in a fierce gunbattle with government forces, officials said. |
| India to take action against striking oil officials (Reuters) Posted: 09 Jan 2009 01:56 AM CST  Reuters - NEW DELHI (Reuters) The government will take firm action against oil company officials to end a three-day strike which has severely affected supplies of transport fuels, Home Minister Palaniappan Chidambaram said on Friday.
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| Satyam plunges as fraud puts its future in doubt (Reuters) Posted: 09 Jan 2009 03:01 AM CST  Reuters - Shares in India's Satyam Computer Services plunged more than 70 percent to an 11-year low on Friday as investors questioned the survival of the fraud-hit outsourcing firm.
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| Rebels take soldiers hostage in northeast (Reuters) Posted: 09 Jan 2009 01:29 AM CST Reuters - Tribal rebels in India's troubled northeast kidnapped an army officer and five soldiers, saying they were angry that government forces were encouraging rival groups despite a ceasefire, officials said on Friday. |
| With Satyam, perfect storm hits once bullish India (Reuters) Posted: 09 Jan 2009 01:46 AM CST  Reuters - A year ago a seemingly unstoppable global juggernaut, the once-confident India is now reeling from a perfect storm of a corporate IT scandal, the Mumbai attacks and economic slowdown.
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| 'Slumdog Millionaire' in the money at L.A. awards (Reuters) Posted: 09 Jan 2009 12:12 AM CST  Reuters - "Slumdog Millionaire" was the final answer at the Critics' Choice Awards on Thursday, as the sweeping drama about an improbable winner of India's version of "Who Wants To Be a Millionaire" took the top prizes at the closely watched Oscar barometer.
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| New York expands 'SWAT' reserves after Mumbai (Reuters) Posted: 08 Jan 2009 07:32 PM CST  Reuters - New York police have begun training officers in heavy weapons to help its elite security force fight off a commando-style attack like the Mumbai siege, commissioner Ray Kelly told Congress on Thursday.
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| BSE Sensex falls 3 pct; Satyam slumps (Reuters) Posted: 09 Jan 2009 12:49 AM CST  Reuters - India's main stock index dropped more than 3 percent on Friday as investors were worried a corporate scandal may trigger foreign portfolio outflows.
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| Satyam interim CEO: recognises severity of issues (Reuters) Posted: 08 Jan 2009 06:50 AM CST  Reuters - Embattled Satyam Computer Services is speaking to its top 100 clients individually, and has received expressions of support from key customers, its interim CEO said on Thursday.
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| Strike-hit India may ask army to restore fuel supply (Reuters) Posted: 09 Jan 2009 01:23 AM CST  Reuters - The government may call in the army to help restore fuel supplies crippled by a strike by employees of state-run oil firms, Petroleum Secretary R.S. Pandey told reporters on Friday.
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| Promising start by Pakistan, but need more: U.S. (Reuters) Posted: 08 Jan 2009 09:17 AM CST  Reuters - Pakistan has made a promising start into the Mumbai attack investigations and on tackling militancy, but still had a long way to go in eliminating the threat, a senior U.S. official said on Thursday.
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| First chinks appear in Beckham's ad icon status (Reuters) Posted: 08 Jan 2009 06:25 PM CST  Reuters - David Beckham's image as a global marketing icon may be showing its first cracks, but the English soccer star remains a strong draw for companies looking to reach a broad audience, analysts said.
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| Cilic storms into quarter-finals, Moya stunned (Reuters) Posted: 08 Jan 2009 10:34 AM CST  Reuters - Third-seeded Croatian Marin Cilic roared into the quarter-finals of the Chennai Open with a clinical display on Thursday, while twice former champion Carlos Moya was stunned by Indian wildcard Somdev Devvarman.
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| Satyam in crisis as India vows to end company fraud (Reuters) Posted: 08 Jan 2009 09:23 AM CST  Reuters - India's Satyam Computer faces a crisis of "unimaginable proportions", its interim chief executive said a day after the chairman revealed profits had been falsely inflated for years.
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